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Re: FISH21049 post# 402299

Tuesday, 08/11/2015 6:46:15 PM

Tuesday, August 11, 2015 6:46:15 PM

Post# of 432922
Fish



Let me try, if Mc Donalds service hamburgers and they pay for

it Chinese money and the hamburger was 100 Yuan if that is correct

and the pay Mc Donald 100 yuan and when Mc Donald converts

that to dollars it is now worth less dollars. That is exactly

why the market went down as all companies who get paid in

Chinese currency will have smaller earnings. Hope you understand

if they had a contract to pay in dollars they would need more

Yuan to make a dollar.


JMO
Mickey
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